By Nikki Reynolds, F1 Editor - Motorsport.com

Since the FIA revealed its proposed regulation changes for 2008, when the
current Concorde Agreement ends, BMW has said it may decide not to carry on
its involvement Formula One from that date. Now Ferrari has expressed the
same opinion, with president Luca di Montzemolo saying that after 2007
everyone is free to make their own decisions.

Speculation has it that the Grand Prix World Championship (GPWC) group will
reinstate its plans to form a rival series now that it has ended
negotiations with F1. However, di Montzemolo thinks the future will be
Formula One or nothing.

[...]

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